The central assumptions of economics that form a basis for Positive Accounting Theory are that:
A) all individual action is driven by self-interest and individuals will act in an opportunistic manner.
B) all individuals are entrepreneurial and will act in an opportunistic manner.
C) individuals cooperate in groups to form markets for the benefit of everyone.
D) there is a moral code that guides the behaviour of individuals to operate efficient markets.
Correct Answer:
Verified
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